TL;DR
- Much like a cat with nine lives, ETH has bounced back from the depths of despair to reach dizzying heights. Should investors consider pocketing some of those shiny profits now that it’s hit a new all-time high?
- In this delightful romp, we’ll also unveil the cast of characters selling ETH and those who are buying. Spoiler alert: the President of the United States might just be in on the action! 🎩
Has the Time Come?
Behold the chart above, a veritable masterpiece that could make even the most stoic banker weep with joy. Once languishing in the shadows, ETH has pulled off a Houdini act, leaping from a paltry $2,200 on June 23 to a staggering $4,900 by August 22. That’s a jaw-dropping 130% surge in just two months-talk about a plot twist worthy of a summer blockbuster!
As the crypto world spins like a top, investors have gone positively bonkers for Ethereum, as evidenced by the flood of cash into ETH ETFs and the growing number of tokens snatched up by Ethereum treasury companies. It’s a veritable feeding frenzy!
But lo and behold, the burning question remains: is it time for ETH investors to sell off a slice of their digital pie? 🍰
#ETH is up over 100% after one month
Now is a good time – Realise BIG profits!
Gave you ETH to buy low, and now sell high
Many will regret in the next weeks..
– Doctor Profit (@DrProfitCrypto) August 23, 2025
Doctor Profit, the self-proclaimed “elite trader, master of x100,” seems to think so. He’s practically waving a flag that says, “Sell, sell, sell!” This isn’t exactly shocking in the crypto circus, where profit-taking has been all the rage for both XRP and BTC in recent weeks.
Matrixport appears to be taking a page from Doctor Profit’s playbook, as several wallets have made substantial deposits into Binance and OKX, presumably with the intent of unloading a cool $450 million worth of ETH. Talk about a shopping spree!
Multiple wallets linked to #Matrixport deposited 95,873 $ETH($452M) into #Binance and #OKX over the past 3 hours.
– Lookonchain (@lookonchain) August 23, 2025
But They Are Buying
In a delightful twist, a Bitcoin OG has decided to sell off large portions of BTC only to dive headfirst into the ETH pool, opening long positions like a kid in a candy store. This mysterious wallet has doubled down on their ETH holdings since yesterday, proving that in the world of crypto, one man’s trash is another man’s treasure.
This Bitcoin OG deposited another 300 $BTC($34.86M) into Hyperliquid to sell for $ETH an hour ago.
He’s up $100M+ in unrealized profits:
Holding a 135,265 $ETH($581M) long at $4,295 avg entry, up $58M.
Bought 122,226 $ETH($535M) spot at $4,377 avg, up $42M.…
– Lookonchain (@lookonchain) August 23, 2025
And let’s not overlook the Trump family’s World Liberty, which has been on a shopping spree, gobbling up ETH like it’s going out of style. According to Lookonchain, they splurged $5 million USDC to snag an additional 1,076 ETH. Who knew the Trump family had such a taste for digital currency?
Ultimately, the question of whether to sell is as personal as choosing between tea or coffee in the morning. It all hinges on one’s financial situation and appetite for risk. But if you’re itching to learn more about the fine art of selling any asset, including ETH, do check out this guide. It’s bound to be a page-turner!
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2025-08-23 15:38